Upload
liamalford
View
217
Download
0
Embed Size (px)
Citation preview
8/3/2019 A04 - Public Funded - Sports England
http://slidepdf.com/reader/full/a04-public-funded-sports-england 1/2
Liam Alford
Key Information Explanation
Sporting Organization Sports England is an organisation run by a
committee which invest money funded by the
Lottery into sport schemes and Volunteer ran
clubs.
The Sport(s) with which each is associated Sport England is involved with all sports whoapply for the grants throughout the country.
This can range from lacrosse top Football and
Rugby. To apply, they require a whole sport plan
which they then look into and see how the
investment will help through the 4 years the
money is available.
Organisational Aims The main aim for Sports England is to invest into
sports throughout the country and help them
grow and raise awareness as a sport.
Target Groups All sporting organisations fit the criteria as target
groups, as there are schemes of each for sportfor all ages, some national governing bodies are;
The F.A, RFU, English Lacrosse etc.
Standards of Facilities and Services
Pricing Structure
Extent of Partnerships With Other Sectors Sports England work very closely with volunteer
ran sectors; clubs, sports, youth centres etc.
If anyone within the Volunteer sector apply for
funding, Sports England will try to ensure they
get at least the minimum amount of investment.
Government GrantsAn award of financial assistance in the form of money by
the federal government to an eligible grantee with no
expectation that the funds will be paid back.
£120m funding will be provided for up to 46 national
governing bodies based on their plans for the period 2009-
2013.
Non Government GrantsIndependent private grants given and not expected to be
paid back, free of government control
Sports England do not receive non government grants
because it is supported by the government and does not
need private investment.
8/3/2019 A04 - Public Funded - Sports England
http://slidepdf.com/reader/full/a04-public-funded-sports-england 2/2
Liam Alford
Member LoansA loan offered by a group of members of the organisation
who work together to provide funds for a single borrower.
They do not get member loans, because they are already
funded well by the Government and the lottery funding.
Financial Institution LoansA loan, which takes money from clients and places it in the
organisation and return later on
The same as member loans, they do not need financial
institution loans because they already have money being
invested into them to support sport throughout the UK.
Membership SubscriptionsA subscription made members to the organisation, as for a
periodical for a specified period of time or for a series of
performances
Sports England do not take membership subscriptionmoney, as they funds necessary are already in place ready
to invest into sport.
Lottery FundingMoney given to an organisation from the lottery
Sports England receive funding from the lottery, this is then
placed in a pot where governing bodies of every sport in the
country file a whole sport plan together which gives them
a chance of fitting the criteria to receive funding from them.
These help Grow and sustain participation in grass root
sport and create opportunities for people to excel at their
chosen sport.
As of 2012, Sports England have invested over £2BN into
sport for all ages, disability etc.
Private Investment
Type of financial investment from people or businesseswhich meets either of these criteria;
a) It has less than 100 investors, or
b) Its member investors have substantial funds invested
elsewhere
Sports England does not receive any private investments
because they are solely supported by the Government andthe lottery, this making them a public sector.
They fund other sports such as; Football, Rugby etc.
DonationsThe making of a gift/ giving of money especially to a charity
or public institution
Sport England have not participated or help create a
fundraiser event as they do not need the money as the
funds are already provided by the Government/lottery.
But if needed, they could run an event to help them raise
funds for other areas they look to improve.